USD/CAD: 20-day volatility 0.221% daily (3rd pct)

On 2026-07-08, USD/CAD closed at 1.42035, down 0.03% on the day. It trades at 94.2% of its 52-week range. Its RSI(14) of 71.24 is in the 96th percentile of its history since 2003, and its 20-day return of +1.79% in the 82nd percentile. Leveraged-money positioning is net -25.4% of open interest, in the 26th percentile of its own two-year range.

=== USD/CAD  (pip 0.0001) ===
  >> close 1.42035  -0.030%   · 20d vol 0.221% daily (3rd pct, since 2003 (5909 obs))
  price & change   (as of 2026-07-08, prior 2026-07-07)
    close       1.42035
    change      -0.00043  (-0.030%, -4.3 pips)
    gap         -0.00057  (-5.7 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-08)
    range       0.00523  (52.3 pips)
    close pos   92.9% of range
  moving averages  (as of 2026-07-08)
     20d MA     1.41357   price above by +0.48%
     50d MA     1.39101   price above by +2.11%
    200d MA     1.38464   price above by +2.58%
    price > all MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-08)
    20d stdev   0.221% daily ≈ 3.5% annualized (×√252)   (3rd pct of own history, since 2003 (5909 obs))
    vs easing-2024 avg  0.67× (0.221% vs 0.329% era avg)
  ATR              (as of 2026-07-08)
    ATR(14)    0.00585  (58.5 pips)
    ATR%        0.41%   (2nd pct of own history, since 2003 (5915 obs))
    range/ATR   89.4%
  52-week range    (as of 2026-07-08)
    high        1.42478   (-0.31% from high)
    low         1.34840   (+5.34% from low)
  momentum         (as of 2026-07-08)
    RSI(14)     71.24   (96th pct of own history, since 2003 (5915 obs))
  returns          (as of 2026-07-08)
     5d return  -0.01%
    20d return  +1.79%
    60d return  +3.18%
  volatility by rate-era
    pre-crisis       0.6422%   (from 2003-09-17)
    ZIRP-2009        0.5827%
    tightening-2015  0.4850%
    ZIRP-2019        0.4557%
    tightening-2022  0.4399%
    easing-2024      0.3286%
  positioning      (as of 2026-06-30)
    next COT     as of 2026-07-07 (released ~that Fri, later if a holiday intervenes)
    net         -88,101 contracts (net short CAD; = long USD in USD/CAD terms)
    net % OI    -25.4%
    net%OI range -31.9% … -6.8% (own 131w)
    w/w change  -4,724
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-08)
    vs DXY      +0.49
    vs S&P 500  -0.24
    vs DXY beta +0.44 (26w)